The first Bandeirante prototype flew on October 26, 1968. After
that, Ozires attempted to convince private industries to produce
the Bandeirante in series, without success. His efforts, however,
contributed to the creation of a government-owned aircraft
manufacturer, the Embraer, which he become
president on July 29, 1969.

On 1986, Ozires left Embraer. He became
president of Petrobras for a short time,
and also became Minister of
Infra-Structure from March 15, 1990 to March 27, 1991. He returned
to Embraer from 1991 to 1995 to conduct the privatization process. He was also
president of Varig from 2000 to 2002.

Ozires is also former (2004) Director of Technology of AVAMAX,
Executive Vice-President of Academia Brasileira de Estudos
Avan√ßados ‚ÄúDr. Adolfo Bezerra de Menezes Cavalcanti‚ÄĚ, and President
of Pele Nova, a biotechnology company
and President at World Trade Center Advisory Board.

He is currently dean of Unimonte, an important private university
in Brazil.